Giant reportedly looking at US$20 million investment in Stages Cycling
January 26, 2023
According to media reports in Taiwan, leading global bike manufacturer Giant Group is looking to invest US$20 million in the power meter and indoor cycling brand Stages Cycling.
Giant reportedly held an interim board meeting last week – with a strategic investment in Stages expected to be made via Giant’s subsidiary Gaiwin BV, which is based in the Netherlands. Endurance.biz